Busan Chamber of Commerce Conveys Key Local Issues to 4·15 General Election Candidates

Busan Chamber of Commerce and Industry

[Asia Economy Yeongnam Reporting Headquarters Reporter Kim Jonghyo] The Busan Chamber of Commerce and Industry has delivered the '20·20 Policy Task Book,' containing 20 local issues and 20 corporate difficulties, to the candidates of the April 15 general election, requesting them to actively reflect these in their pledges to revitalize the local economy, which has been contracted due to the COVID-19 pandemic.

Busan Chamber of Commerce and Industry announced on the 24th that, as the general election candidates for each electoral district of major local political parties were confirmed, they directly delivered the policy task book, which was worked on with local experts for four months since the end of last year, to major candidates running in 18 constituencies.

In particular, they requested that common matters related to regional industrial development, such as the construction of the Southeast Gateway Airport, the largest local issue, the construction of the Bukhang complex resort, and the activation of the Busan blockchain regulatory free zone, be actively reflected in pledges regardless of electoral districts. They also mentioned the urgent need for bold deregulation measures suitable for the emergency situation to overcome the deflation crisis caused by the global economic downturn.

Additionally, Busan Chamber of Commerce and Industry conveyed opinions focusing on on-site issues of small and medium-sized enterprises, such as expanding R&D investment tax credits, easing standards for local investment promotion subsidies, subdividing corporate tax rate brackets, applying minimum wage distinctions by industry and size, and expanding the mandatory use ratio of domestically produced equipment to support the shipbuilding industry.

Lee Gapjun, the full-time vice chairman of Busan Chamber of Commerce and Industry, emphasized, "The reason for directly visiting the candidate camps of major political parties this time was to request, regardless of party lines, active efforts to save businesses due to the extremely severe current situation," adding, "It is urgent to create conditions through unprecedented support policies that allow companies to voluntarily find breakthroughs."

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